I'm trying to transfer my USDT tokens on the Polygon network to Coinbase, but I'm not sure if Coinbase supports receiving USDT on Polygon. Can someone confirm if this is possible?
It is imperative that users adhere to this requirement when transferring USDT to Coinbase. Sending USDT tokens issued on any other blockchain, such as Tron or Omni, will result in the funds being lost or unrecoverable.
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SaraThu Apr 10 2025
This restriction is due to the technical limitations and compatibility issues associated with different blockchain networks. Each blockchain has its unique protocol and standards, making it difficult for one exchange to support all versions of a particular token.
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IlariaThu Apr 10 2025
An essential reminder for users is crucial when dealing with cryptocurrency transactions. At present, Coinbase has specified its support for a particular version of USDT.
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MariaThu Apr 10 2025
To avoid any potential loss, users should carefully check the blockchain network and token standard before initiating a transfer. This can be easily verified by consulting the information provided on Coinbase's website or by reaching out to their customer support for clarification.
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DaeguDivaDanceQueenElegantStrideThu Apr 10 2025
Specifically, Coinbase accepts only USDT tokens that are issued on the Ethereum blockchain, which follows the ERC-20 standard. This standard ensures interoperability and compatibility across various Ethereum-based platforms and wallets.